$165,000
PENDING

568 Somerset Ln Unit 7 Crystal Lake, IL 60014

Estimated payment $1,611/month

Total Views 3,167
2 Beds
2 Baths
1,030 Sq Ft
$160 Price per Sq Ft

Highlights

  • Landscaped Professionally
  • Formal Dining Room
  • Laundry Room
  • Crystal Lake Central High School Rated A
  • Living Room
  • Central Air

About This Home

A well-maintained, recently renovated second-floor condo available for sale! This property includes two sizable bedrooms, both outfitted with new carpeting that complements the modern aesthetic of the home. Each bedroom offers comfortable living space, and the master features an en-suite bathroom that has been elegantly updated. The kitchen is efficiently designed with oak cabinets and modern stone countertops, providing both style and functionality. The open floor plan in the living area extends seamlessly to a spacious private balcony with views of the well-kept courtyard, ideal for relaxation or entertaining guests. The living room itself boasts newer laminate flooring, enhancing both the look and durability of the space. Practical amenities enhance the condo's appeal, including an in-unit full-size stackable washer and dryer, and additional private storage conveniently located just across the hallway. This unit's blend of style, comfort, and functionality makes it a sensible addition to any investment portfolio or a perfect place to call home! Situated in a tranquil neighborhood of Crystal Lake, the condo promises a stable rental income owing to its appealing features and prime location. This property is a beneficial acquisition for those looking to expand their real estate investments with a reliably leased unit. Tenant rights apply. Current lease ends July 14th.

Listing Agent

Samuel Lubeck

Baird & Warner License #475146587 Listed on: 05/05/2025

Baird & Warner

Co-Listing Agent

Usman Taj

Baird & Warner License #475181654

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,335

Year Built

  • Built in 1973

Lot Details

  • Landscaped Professionally

HOA Fees

  • $419 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,030 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Parking Included in Price

Schools

  • Crystal Lake Central High School

Utilities

  • Central Air
  • Heating Available

Community Details

Overview

  • Association fees include water, insurance, clubhouse, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 8 Units
  • Manager Association, Phone Number (773) 572-0880
  • Property managed by Westward 360

Amenities

  • Common Area

Pet Policy

  • Pets up to 100 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,335

Year Built

Built in 1973

Lot Details

0

HOA Fees

$419 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 2
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1973
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: 4224
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1030
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Brick, Stucco
  • List Price: 165000
  • Lot Features: Common Grounds, Landscaped
  • Waterfront: No

Garage/Parking

  • Parking Features: On Site
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 419
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Westward 360
  • Management Contact Name: Manager
  • Management Phone: 773-572-0880
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • High School: Crystal Lake Central High School
  • Middle/Junior School District: 47

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: U

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 100

Tax Info

  • Tax Annual Amount: 3335
  • Tax Year: 2023

Multi Family

  • Units in Building: 8

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,429 $40,503 $10,737 $29,766
2023 $3,335 $36,225 $9,603 $26,622
2022 $2,794 $29,497 $8,667 $20,830
2021 $2,654 $27,480 $8,074 $19,406
2020 $2,593 $26,507 $7,788 $18,719
2019 $2,533 $25,370 $7,454 $17,916
2018 $1,969 $19,333 $6,886 $12,447
2017 $1,966 $18,213 $6,487 $11,726
2016 $1,926 $17,082 $6,084 $10,998
2013 -- $24,277 $5,676 $18,601
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 Pending -- -- --
05/05/2025 05/05/25 For Sale $165,000 +14.6% $160 / Sq Ft
02/23/2024 02/23/24 Sold $144,000 -3.3% $140 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
01/17/2024 01/17/24 For Sale $148,900 +39.2% $145 / Sq Ft
07/12/2019 07/12/19 Sold $107,000 -8.4% $104 / Sq Ft
06/07/2019 06/07/19 Pending -- -- --
04/08/2019 04/08/19 For Sale $116,750 +99.6% $113 / Sq Ft
08/29/2015 08/29/15 Sold $58,490 -2.4% $57 / Sq Ft
08/26/2015 08/26/15 Pending -- -- --
07/18/2015 07/18/15 Price Changed $59,900 -8.5% $58 / Sq Ft
06/29/2015 06/29/15 For Sale $65,500 0.0% $64 / Sq Ft
06/15/2015 06/15/15 Pending -- -- --
05/12/2015 05/12/15 For Sale $65,500 -- $64 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $144,000 None Listed On Document
Quit Claim Deed -- --
Quit Claim Deed -- James M Kiss Ltd Pc
Deed $107,000 Burnet Title Post Closing
Deed -- None Available
Special Warranty Deed $58,490 Premier Title
Sheriffs Deed -- None Available
Warranty Deed $74,000 Universal Title Services Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $108,000 New Conventional
Previous Owner $90,950 Adjustable Rate Mortgage/ARM
Previous Owner $57,300 Unknown
Previous Owner $59,100 No Value Available
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12354741

Midwest Real Estate Data (MRED)

APN: 19-08-253-047